User Turned into Victim!!! Stay away from V5 Forex Global

A user of V5 Forex Global from Bangladesh complained on Wikifx against V5 Forex Global and asked for help on 23 June 2023. User told he started investing with V5 Forex Global in May,2023.“I never faced this problem earlier. This is the first time I am facing the Withdrawal issue” Victim Added.

He mentioned that, more than 20 members of his group have become victims of the V5 Racket and have lost around $4000. He said he tried to contact the Broker but they did not respond. Victim added that “when I got to know other cases against this broker. I began to worry about my finances.”

About V5 Forex Global

V5 Forex Global is a forex broker with US registration that gives customers access to a huge financial market. Trading positions can have a max leverage of 1:1000 on the V5 Forex Global platform. Customers of V5 Forex Global have access to a variety of market products, including Crude Oil, BTC, Stock, Indexes, and Forex.

V5 Forex Global provides clients with two types of trading accounts, a real account and a demo account with virtual money of $100,000 in it.

Review

According to the V5 Forex Global website. It V5 Forex Global is authorized and regulated by the US Financial Services Commission (FSC) (license number: 31000231951552) and US National Futures Association (NFA), (NFA ID: 0554281). But when we checked on both the regulatory authorities. We discovered V5 Forex Global is not actually registered by any of them. NFA said directly it is not a member of NFA and FSC did not find this firm. When we searched about this broker on WikiFX, we noticed it has been marked Scam broker.

If you are a daily Reader of Wikifx. You may know Wikifx is getting new complaint everyday against this particular broker. Clients who were users then have become victims now.

We are providing you the screenshot of complaints we received against this particular broker worldwide in the last two days. Have a look and do not trade with the broker. You will ultimately be scammed. Be safe, Trade safe.

What is Wikifx & How it can help you？

WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 40,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or app store.